Park Hotels & Resorts (PK) Q4 FFO Miss Estimates

Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of $0.39 per share, missing the Zacks Consensus Estimate of$ 0.40 per share. This compares to FFO of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.50%. A quarter ago, it was expected that this company would post FFO of$ 0.49 per share when it actually produced FFO of $0.49, delivering no surprise.Over the last four quarters, the company has su ...